Gold and Silver Rates Today on 17-08-2024: Latest Prices in Your City

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Gold and Silver Rates Today on 17-08-2024: Latest Prices in Your City

       By Inside Storyy | August 17, 2024, 12:12 PM IST

Gold and Silver Rates Today

The price of 10 grams of 24-carat gold in Delhi is ₹71,734, while 1 kg of silver is priced at ₹81,670. Today, the gold rate has decreased, with 24-carat gold priced at ₹7,173.4 per gram, down by ₹900. The rate for 22-carat gold is ₹6,570.8 per gram, a decrease of ₹824.

Weekly and Monthly Changes

Over the past week, the rate for 24-carat gold has changed by -2.17%, while over the past month, it has increased by 3.49%. The current silver rate is ₹81,670 per kg, up by ₹670.

Gold and Silver Rates in Major Cities

  • Delhi:
    • Gold: ₹71,734/10 grams (16-08-2024: ₹72,988/10 grams; 11-08-2024: ₹71,405/10 grams)
    • Silver: ₹81,670/kg (16-08-2024: ₹81,160/kg; 11-08-2024: ₹80,420/kg)
  • Chennai:
    • Gold: ₹71,804/10 grams (16-08-2024: ₹72,492/10 grams; 11-08-2024: ₹71,753/10 grams)
    • Silver: ₹81,670/kg (16-08-2024: ₹81,080/kg; 11-08-2024: ₹80,420/kg)
  • Mumbai:
    • Gold: ₹72,228/10 grams (16-08-2024: ₹72,775/10 grams; 11-08-2024: ₹71,683/10 grams)
    • Silver: ₹81,670/kg (16-08-2024: ₹81,160/kg; 11-08-2024: ₹80,420/kg)
  • Kolkata:
    • Gold: ₹72,016/10 grams (16-08-2024: ₹71,996/10 grams; 11-08-2024: ₹71,126/10 grams)
    • Silver: ₹81,670/kg (16-08-2024: ₹81,160/kg; 11-08-2024: ₹80,420/kg)

MCX Futures

The gold September 2024 MCX futures are trading at ₹2,731.5 per 10 grams, up by ₹40.908. The silver August 2024 MCX futures are trading at ₹-2.0E7 per kg, down by ₹830,837.279.

Factors Influencing Gold and Silver Prices

Gold and silver prices are influenced by various factors, including input from major jewelers, global demand, currency fluctuations, interest rates, and government policies. Additionally, international factors such as the global economic state and the strength of the US dollar against other currencies also impact gold rates in the Indian market.

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